Football guy
Well-Known Member
- Joined
- 13 Jul 2012
- Messages
- 136
Prestwich_Blue said:I'm not sure how it works with the underwriters getting a discount. But once the shares start trading, if they drop dramatically it has two impacts. The first is that it values the company a lot lower and the other is that it could stop any future placing.Football guy said:Prestwich_Blue said:If it goes ahead, yes that's exactly what will happen. However the underwriters will gauge interest and certainly won't want to be stuck with a load of over-valued shares.
Thanks mate for clearing that up , so we might see share's if undersuscribed sold at prices around $14? I think that will be a major blow for glazers , i find it logically hard to understand who will buy shares at such price which certainly overvalues the club so much around £2b , however , asuming if shares are listed at whatever value glazer's seek but if its values fall to say $10 after sometime , will it have any effect ? Or it won't matter at what price shares are being traded in future?
Future placing??
What happens when glazers try to delist club in future? Do they have to give the money back then?